Property Details
Midtown Free Standing Retail Building. Solid Investment Property Or Excellent Retail Location For Owner/user With Flexibility For Multiple Uses Retail, Office, Medical. Free Standing Brick Faced Building On The Corner Of Broadwater And 7th St W, Interior Remodeled In 2010. Front Portion Is Showroom/retail And The Back Portion Has Offices, Two Bathrooms, Breakroom And Secure Storage. 720 Sq Ft Basement Provides Additional Storage And Holds The Mechanical Room. Re Roofing In 2022. Long Term Tenant, Current Lease Expires 1/31/27, $3800/mo = $45, 600 Less Taxes And Ins Of $6889 = $38711 Or A 7.6% Return Cash On Cash At Full Price. Monthly Rent Increases 3% In 2027. Latest Traffic Count 2023 1 Block East 16, 070.